Emmerson Plc announced that, after broad consultation with the Ministry of Energy, Mines and Sustainable Development, it has received the approval required to consolidate 21 of the core exploration permits of the Company's 100% owned Khemisset Potash Project in Northern Morocco into a single permit encompassing the combined area of the 21 permits. Emmerson's wholly owned subsidiary, MSL Minerals SARL, is one of the first companies in Morocco to achieve a consolidation of permits under the new mining code, which was implemented in 2015, and highlights the perceived importance of Khemisset to Morocco's rapidly developing mining sector. The Scoping Study released for Khemisset (as per the announcement dated 28 November 2018) confirmed it has the potential to be among the lowest capital cost and highest margin potash mines globally, delivering world class economics including EBITDA margins approaching 70% and a post-tax NPV10 of more than US$1 billion[1].